Offers over
£399,995
Property for sale226-228 Brownhill Road, Catford, London SE6
Acorn - Bromley Commercial
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About this property
Freehold Commercial Investment.
2x Commercial Units Fully Let at £36kpa (combined).
2x 10-year Fri Leases until 2035 (Rent Review in 2030).
4x Flats with 61-Year Leases Sold Off Above.
Sought After Area in South London.
Offers in Excess of £399,995 (c.9%Yield).
An opportunity to acquire a well yielded (c.9%) freehold commercial investment including two-retail units that are fully let producing £36,000pa along with the freehold title for a mixed-use block in Catford, where 4x of the 6x flats above have 61-year underleases where there is opportunity to benefit from future potential lease extension premiums. The two commercial units are currently on 10-year leases until 2035 with rent reviews due in 2030, and all 6x flats above are sold off on long leaseholds.
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